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Cholamandalam MS General Insurance

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3.7

based on 2.1k Reviews

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Cholamandalam MS General Insurance Salaries in India (Updated 2025)

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Salaries by designations

Based on 5.5k salaries · Updated: 12 Jul 2025
All Departments
Designation Avg Annual Salary Open Jobs

Area Head

6 - 18 years exp. (254 salaries)
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₹5.8 L/yr - ₹13.5 L/yr

Sales Manager

0 - 9 years exp. (224 salaries)
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₹2.4 L/yr - ₹6 L/yr

Branch Manager

5 - 10 years exp. (157 salaries)
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₹3.3 L/yr - ₹8 L/yr

Relationship Manager

0 - 14 years exp. (142 salaries)
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₹2.3 L/yr - ₹6 L/yr

Area Manager

6 - 16 years exp. (138 salaries)
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₹5.9 L/yr - ₹13.4 L/yr

Field Sales Manager

0 - 10 years exp. (128 salaries)
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₹2.4 L/yr - ₹4.8 L/yr

Customer Service Executive

0 - 6 years exp. (118 salaries)
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₹1 L/yr - ₹3 L/yr

Agency Manager

0 - 7 years exp. (85 salaries)
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₹2.5 L/yr - ₹5 L/yr

Senior Lead

3 - 10 years exp. (68 salaries)
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₹2.7 L/yr - ₹5.1 L/yr

Assistant Branch Manager

0 - 3 years exp. (62 salaries)
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₹3 L/yr - ₹4.3 L/yr

Deputy Manager

4 - 11 years exp. (51 salaries)
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₹6 L/yr - ₹13.3 L/yr

Process Leader

3 - 11 years exp. (50 salaries)
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₹3 L/yr - ₹6.3 L/yr

Business Development Manager

4 - 15 years exp. (49 salaries)
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₹5.3 L/yr - ₹10.3 L/yr

Territory Manager

10 - 15 years exp. (48 salaries)
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₹4.6 L/yr - ₹11 L/yr

Sales Executive

2 - 6 years exp. (47 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

Partnership Distribution Lead

0 - 8 years exp. (46 salaries)
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₹2.8 L/yr - ₹4.2 L/yr

Senior Officer

2 - 7 years exp. (44 salaries)
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₹2.4 L/yr - ₹4.1 L/yr

State Head

11 - 20 years exp. (42 salaries)
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₹14 L/yr - ₹22 L/yr

Area Sales Manager

5 - 15 years exp. (40 salaries)
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₹5 L/yr - ₹11.8 L/yr

Team Lead

3 - 13 years exp. (36 salaries)
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₹3.6 L/yr - ₹7.5 L/yr

Latest salaries by Cholamandalam MS General Insurance employees

2d ago

Senior Manager

9 years exp.

₹11.6 Lakhs
2d ago

Deputy General Manager

30 years exp.

₹30 Lakhs
2d ago

CRM Officer

2 years exp.

₹2 Lakhs
2d ago

Area Manager

16 years exp.

₹9 Lakhs
2d ago

Human Resources Business Partner

6 years exp.

₹4 Lakhs
2d ago

Senior Process Lead

10 years exp.

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2d ago

Branch Legal Manager

5 years exp.

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2d ago

Senior Executive

3 years exp.

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2d ago

Business Analyst

15 years exp.

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2d ago

Business Manager

5 months exp.

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View all latest salaries

Top trending discussions

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Career Growth
2w (edited)
pleasantfox
·
works at
Insurance Sector
Stability vs Growth
I worked in a company for 20 years and suddenly put off role. Searching jobs I realised I am over age for various roles that I could do and less experienced for Leadership Roles as my exposure was limited. I always thought I am earning decent money and can work another 7 years and retire at 50. Though the younger generation is much smarter I still want to advise them (BFSI specific) * Work in a role for max 2-3 years and switch when you feel you are done. * By age of 30, if you are still earning less than 10 lakh you are not growing * By age of 35 you must become AVP as no company will hire AVP if you are more than 36. *Be loyal to your self, not your organization. * Most importantly save atleast 30% or more of whatever your CTC. Donot spend much with every raise. * Buy a property, and pay loans before 35. In tough times it's only Savings that give you cushion and peace nothing else
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Salary related reviews for Cholamandalam MS General Insurance

3.5

Rated by 2.1k employees for salary & benefits

Residential Sales Officer in Panskura

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  updated on 15 May 2025
4.0
 for  Salary and Benefits

Likes

Get salary on time Flexible duty hour's

  • Salary - Good
    • +3 more

Dislikes

Only 1 men is there for back office support. Sales manager visit branch for 1-2 times in a month. Worst IT support Lot's of technical issue You have to work after the sedule time over

read more

Area Manager in Bikaner

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  updated on 20 Nov 2024
3.0
 for  Salary and Benefits

Likes

Good company. Having Employee friendly. Happy to work here...

  • Skill development - Excellent
    • +5 more

Dislikes

Only In company promotion you can't get salary hike as you deserved . Some of the points your salary is laser then your colleagues and team.

read more

Sales Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 07 Aug 2023
3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Appraisals are terrible here even if achieved 275% of ytd target they increase only 7% of salary..no personal life teams meeting every now and then infact after working hours also, continue warning of termination if you fail to achieve daily numbers

read more
  • Promotions - Bad
    • +3 more

General Insurance in Cuttack

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 20 Jan 2025
1.0
 for  Salary and Benefits

Likes

Zero like ...

Dislikes

Chola is fraud company. Senior behaviour is like shit. Industry low salary package. Salary not delivered in right time. Company fraud with both customer and employees.. Manager and TL both are drink beer in office. Manager steal petty cash and deposit many fake bills...

read more
  • Salary - Bad
    • +6 more

Agency Manager in Ahmednagar

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  updated on 06 Jan 2023
2.0
 for  Salary and Benefits

Likes

Murugappa group is a very big group, One of them is Chola General Insurance. Salary is good in the company.

read more

Dislikes

The company has a great name, but the company's senior front-line executives are not doing well in support.. The company does not use today's technology in the work.

read more
  • Salary - Poor
    • +3 more
see more salary related reviews
More about working at Cholamandalam MS General Insurance

Cholamandalam MS General Insurance Salary FAQs

How much does Cholamandalam MS General Insurance pay to its employees?
The average annual salary at Cholamandalam MS General Insurance varies depending on the role, experience, and location. The salary ranges for some popular designations at Cholamandalam MS General Insurance, are as follows:

Area Head ₹5.8 Lakhs to ₹13.5 Lakhs per year
Sales Manager ₹2.4 Lakhs to ₹6 Lakhs per year
Branch Manager ₹3.3 Lakhs to ₹8 Lakhs per year
Relationship Manager ₹2.3 Lakhs to ₹6 Lakhs per year

The highest-paying role, Software Developer, earns between ₹35 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹40 Lakhs per year. Salaries at Cholamandalam MS General Insurance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 5.5k salaries submitted by Cholamandalam MS General Insurance employees. Cholamandalam MS General Insurance is rated 3.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Cholamandalam MS General Insurance in India?
The salary of a fresher at Cholamandalam MS General Insurance in India typically ranges from ₹1 Lakh to ₹8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Agency Manager Salary ₹3 Lakhs to ₹5 Lakhs per year
Fresher as a Field Sales Manager Salary ₹2.4 Lakhs to ₹4 Lakhs per year
Fresher as a Customer Service Executive Salary ₹1 Lakhs to ₹2.2 Lakhs per year
Fresher as a Management Trainee Salary ₹3.6 Lakhs to ₹8 Lakhs per year

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Cholamandalam MS General Insurance Salaries by Location

Average annual salary in Cholamandalam MS General Insurance is INRunlock blur . Salary estimates are based on 5500+ Cholamandalam MS General Insurance latest salaries received from various employees of Cholamandalam MS General Insurance.

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